COVID-19: Estate Planning & Protecting Your Assets As the world navigates the coronavirus pandemic, many are considering how to care for their loved ones should the worst come to pass. Although it’s not always nice to think about, estate planning is an essential part of securing your financial legacy and maintaining peace of mind.…
Estate Planning: How to Prepare for Incapacitation Reflecting on your mortality may not be an ideal activity. However, getting your affairs in order is a wise decision for anyone to make as early as possible. When it comes to estate planning, there’s more to consider than the mere documents that determine how your estate…
What to Know About Estate Planning When You’re Single Estate planning can seem like a simple process when you have a clear idea of who your beneficiaries and representatives will be. However, what if you don’t? In many cases, individuals choose close family members to be the recipients of their estate and decide on…
Why Estate Planning Should Be at the Top of Your Resolutions List Another year is coming to an end, and another is about to begin. So, now that 2020 is just around the corner, what resolutions are you going to make? Making New Year’s resolutions is a time-honored tradition that exists all around the…
4 Estate Planning Points Baby Boomers Can’t Afford to Forget The loss of a loved one at any age can be a trying time. As family members mourn, issues of inheritance, probate and relative distributions can make one sweat. If you are part of the Baby Boomer generation – born between 1946 and 1964…
What Can Happen to an Estate if There’s No Will Concerned clients routinely ask what happens to their estate if they were to die without a will. If this was the case, the intestacy laws (i.e., laws surrounding what happens when a valid will isn’t present) of the state where you reside determine how…
What You Can Learn from Aretha Franklin’s Estate Planning Disaster Legendary singer Aretha Franklin, who died in August of 2018 from pancreatic cancer at age 76, had no official will or trust at the time of her passing. Like Prince and many other late music superstars, Franklin sang her heart out but unfortunately failed…
The Necessity of Having a Detailed Estate Plan Show Your Loved Ones That You Care by Developing an Estate Plan The holiday season and New Year are a great time to reflect on the past and plan for the future. After celebrating the winter holidays with our loved ones, we begin to solidify our…
Estate Planning Checklist 10 Things to Do to Get Your Estate Plan in Order We’ve all heard the saying, “Failing to plan is planning to fail,” which is applicable to many areas of life, especially when it comes to getting your estate plan in order. Regardless of if you have a modest collection of…
Frequently Asked Questions About Wills & Trusts Have Will & Trust Questions? Burrows Law Group Has Answers! Why Should I Prepare a Will? There are several key reasons why everyone needs a will. The first of these is quite simply choice. Drafting and properly executing a will gives you the power to choose who…